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UK

1. Application

The rates set out herein are offered to Participants and Account Holders on the GB Market only. Discounted rates may apply from time to time subject to applicable terms and conditions. This schedule is non-exhaustive, and products and services not set out herein may be subject to a separate fee.

Annual fixed fees will be invoiced and are payable up-front for each calendar year, and are non-refundable. Members joining within a calendar year may get discounted annual fees for the initial year.

Note 1 Where relevant, the GBP fees (rounded to the nearest whole £100) have been calculated from the equivalent Euro-denominated fees quoted for Nord Pool’s Nordic/Baltic market by reference to the Bloomberg €:GBP exchange rate (0.743) as quoted on 14 October 2015.

Note 3 Gross Volume Fees are only applicable for Gross Bidding Participants and subject to the Gross Bidding Agreement. Gross Volume Fees include trading and clearing.

3.2 Spot Market

Transactions matched and registered before 19:00 on D-1 (note 4)

Combined Trading & Clearing

0.0240 GBP/MWh

OTC Clearing

not available

ECV Notification (net fee per Energy Account)

0.0005 GBP/MWh

Transactions matched or registered after 19:00 on D-1 (note 5)

Combined Trading & Clearing

0.0500 GBP/MWh

OTC Clearing

not available

ECV Notification (net fee per Energy Account)

0.0005 GBP/MWh

Note 4 “D-1” means the day prior to the day on which Delivery commences for the applicable Product. Please note that for Products that are EFA calendar based (ref the Product Specification), ”D” ends at 23:00 on the “same” calendar day and starts at 23:00 on the “preceding” calendar day. Products traded after 19:00 on D-2 and earlier (in relation to D) will also fall under this category.

Note 5 See note 4 above. Products traded on D-2 and earlier (in relation to D) will not fall under this category even when traded after 19:00.All trading on “D” will fall under this category regardless of the time of the Transaction.

4. Additional Fees

Additional Trading Portfolio Auction Market (note 6)

GBP 1 000

Additional or new RSA SecurID® token (note 7)

GBP 250

Additional Intraday Portfolios (note 8)

GBP 1 100 (per annum)

Additional Vasko token for Intraday (note 9)

GBP 75

Spot Market Trade Cancellation Fee

GBP 1 000

Note 6 Annual fee per portfolio. The first 6 are included in the annual fixed fee, and includes corresponding Clearing Portfolios.Note 7 The first 3 tokens are included in the annual fixed fee.Note 8 One intraday portfolio included within annual fixed fee.Note 9 Two tokens are included with the appropriate annual fixed fee.